Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : IDT *(idtc) following this new issue?* -- Ignore unavailable to you. Want to Upgrade?

To: Hawaii60 who wrote (4411)	4/9/1999 11:18:00 PM
From: David Bauerle	Read Replies (1) \| Respond to of 30916

We should Gap up again on Monday, News or no News. The after market trades were all between 31 and 32. Also, For those of you looking for Free Level II quotes, you can sign up at tradescape.com The Free Sign-up deadline is April 15 (Isn't there some other significant deadline on this date?) I just signed up, and I will be trying it out on Monday

To: Hawaii60 who wrote (4411)	4/10/1999 6:38:00 AM
From: Crossy	Respond to of 30916

Hawaii & all, well I'm finally glad that I got into IDTC. However I made a small mistake when entering back then. I just posted a nice gain when EGGS screamed ahead and shifted the funds into IDTC. However I didn'Trealize that quarterly earnings were out same day. Next day, IDTC plunged from $20 to 17. If I had just waited for 3-4 days I'd have entered at $15-16 range instead of at $20. Now that the Net2Phone value is being unlocked, I wonder how much revenue the 1,25 million subcribers had been generating for IDTC in the past in order to assess the standalone valuation of IDTC. Last year, the company posted $500 million in revenues. Right now, using the current quarterly figure with no growth factor attached, we arrive at $640 million. Let's say the difference in revenues between the last 2-3 quarters are just attributable to Net2Phone, then we arrive at current implied annual revenues for Net2Phone at approximately $100-150 million USD. That means that the rest of IDTC is still good for $500 million in annual revenues. In such situations, IDTC could become a nice arbitrage play. My scenario is this: Net2Phone IPO will do exceptionally good. We get out shares in Net2Phone. After Price to Sales ratio above 10 I will sell my Net2Phone shares but keep my IDTC shares. Reason ? The parent often sells at a huge discount, unless the street fully takes notice (look what happened to UIHIA and UPCOY after spinoff). Then after a while IDTC stocks should storm ahead to reflect the ownership of 60-70% of NEt2Phone in its stock valuation.. This is how I will play out this scenario. Any comments welcome.. best regards CROSSY

To: Hawaii60 who wrote (4411)	4/10/1999 11:27:00 PM
From: Marty Rubin	Respond to of 30916

btw hawaii, i think softbank's pre-ann was to push management to finish with the bonds since it had been dragging on for too long. it should work. besides that, many more other deals should come (go.com?). i personally don't need softbank, other than the nice boost we had. idt can do well (ipo) without them hitting another homerun. we already have a deal with geocities and yahoo (should merge soon), where softbank already owns a large stake, so i don't know how big the benefit lays. aol should be there thanks to netscape. more to come --hang in there. internet mania is not over. this one is just catching on.